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10 Best Halal Dividend Stocks To Buy

In this article, we discuss 10 best halal dividend stocks to buy. You can skip our detailed analysis of dividend stocks and their performance, and go directly to read 5 Best Halal Dividend Stocks To Buy

Halal companies are those that employ halal (permissible according to religion) practices in their operations and comply with Shariah principles in investments. These companies manufacture products that are ethical and halal. The S&P High Yield Dividend Aristocrats Shariah Index tracks the performance of Shariah-compliant companies within the S&P 1500 Composite that have raised their dividends for at least 20 years or more. The index has reported strong performance against the broader market, gaining 0.46% year-to-date through November 30.

This year’s economic landscape has shifted investors’ attention from high-growth tech securities to dividend stocks. During the previous inflationary years, dividend-paying securities came out as clear winners, outperforming the broader market. According to a report by T. Rowe Price, dividend stocks in the Russell 1000 outplayed the benchmark during down and flat markets from 1985 to December 2020. The report also mentioned that Russell 1000 fell by 18%, whereas dividend growers recorded a 12.1% decline during down markets in the same period.

When investing in dividend stocks, investors consider companies with strong dividend growth track records. These companies have solid cash flow generation and can maintain dividend growth over the long haul. The S&P 500 Dividend Aristocrats Index returned 29.45% during the rising interest rates periods from 2008 to 2010, according to a report by ProShares. In comparison, the Dow Jones US Select Dividend Index returned 15.8% during the same period. Dividend stocks like AbbVie Inc. (NYSE:ABBV), PepsiCo, Inc. (NASDAQ:PEP), and Merck & Co., Inc. (NYSE:MRK) are popular among investors as they have raised their dividends for several years, which shows their stable earnings and strong fundamentals. In this article, we will further discuss the best halal dividend stocks to buy.

Our Methodology:

For this list, we selected stocks from the S&P High Yield Dividend Aristocrats Shariah Index. These companies have paid generous dividends to shareholders over the years and have strong financial health. The stocks are ranked according to their dividend yields, as of December 7.

10 Best Halal Dividend Stocks To Buy

10. Air Products and Chemicals, Inc. (NYSE:APD)

Dividend Yield as of December 7: 2.05%

Air Products and Chemicals, Inc. (NYSE:APD) is an American international chemical industry company that sells gases and chemicals for industrial uses. On November 22, the company declared a quarterly dividend of $1.62 per share, which fell in line with its previous dividend. The company has raised its dividends for 40 years in a row, becoming one of the best dividend stocks on our list.

In addition to AbbVie Inc. (NYSE:ABBV), PepsiCo, Inc. (NASDAQ:PEP), and Merck & Co., Inc. (NYSE:MRK), Air Products and Chemicals, Inc. (NYSE:APD) can be added to dividend portfolios due to the company’s solid dividend growth track record.

In fiscal Q4 2022, Air Products and Chemicals, Inc. (NYSE:APD) reported an operating cash flow of $3.1 billion. The company’s cash generation remained strong as it paid $1.3 billion in dividends to shareholders during the quarter. It generated $3.57 billion in revenues, up 25.7% from the same period last year.

In December, Deutsche Bank raised its price target on Air Products and Chemicals, Inc. (NYSE:APD) to $340 with a Buy rating on the shares, appreciating the company’s overall performance this year.

Air Products and Chemicals, Inc. (NYSE:APD) was a popular stock among hedge funds in Q3 2022, as 43 funds in Insider Monkey’s database owned stakes in the company, up from 33 in the previous quarter. These stakes are worth $394.2 million collectively. Adage Capital Management was one of the company’s leading stakeholders in Q3.

Madison Funds mentioned Air Products and Chemicals, Inc. (NYSE:APD) in its Q2 2022 investor letter. Here is what the firm has to say:

“This quarter we are highlighting Air Products and Chemicals, Inc. (NYSE:APD) as a relative yield example in the Materials sector. APD is a leading global industrial gas supply company and is the largest supplier of hydrogen and helium in the world. It has a sustainable competitive advantage due to long-term customer relationships and contracts, high customer switching costs, and the missioncritical nature of its products. Industrial gases are a relatively small fraction of customers’ overall costs but are crucial to ensure uninterrupted production. (Click here to read full text)

9. The Procter & Gamble Company (NYSE:PG)

Dividend Yield as of December 7: 2.44%

The Procter & Gamble Company (NYSE:PG) is an Ohio-based multinational consumer goods company that specializes in a wide range of personal care and hygiene products. In December, Deutsche Bank raised its price target on the stock to $162 with a Buy rating on the shares, appreciating the company’s defensive qualities and positive developments over the years.

The Procter & Gamble Company (NYSE:PG) is one of the strongest dividend players in the US, paying regular dividends to shareholders for the past 132 years. Moreover, the company maintains a 66-year streak of consistent dividend growth. It currently pays a quarterly dividend of $0.9133 per share for a dividend yield of 2.44%, as of December 7.

The Procter & Gamble Company (NYSE:PG) has shown strong cash flow productivity of 86% in the third quarter of 2022. The company’s revenue for the quarter came in at $20.6 billion, which showed a 1.3% growth from the same period last year. Its organic sales also went up 7% year-over-year.

As of the close of Q3 2022, 69 hedge funds tracked by Insider Monkey reported owning stakes in The Procter & Gamble Company (NYSE:PG), down from 71 in the previous quarter. The collective value of these stakes is over $4.08 billion.

8. The Coca-Cola Company (NYSE:KO)

Dividend Yield as of December 7: 2.77%

The Coca-Cola Company (NYSE:KO) is one of America’s leading beverage companies. It specializes in a wide range of beverages, syrups, and non-alcoholic drinks. The company reported earnings beat in Q3 2022. Its revenue for the quarter came in at $11.1 billion, which showed an 11% growth from the prior-year period. The company’s operating cash flow for the first nine months stood at $8.1 billion and its free cash flow amounted to $7.3 billion.

The Coca-Cola Company (NYSE:KO) qualifies as one of the best dividend stocks on our list as the company has been making uninterrupted dividend payments to shareholders since 1920. The company also holds a 60-year track of consistent dividend growth. It currently offers a per-share dividend of $0.44 per share for a dividend yield of 2.77%, as of December 7.

As of the end of Q3 2022, 59 hedge funds in Insider Monkey’s database owned stakes in The Coca-Cola Company (NYSE:KO), with a collective value of $25 billion. Berkshire Hathaway was the company’s largest stakeholder with 400 million shares.

Carillon Tower Advisers mentioned The Coca-Cola Company (NYSE:KO) in its Q3 2022 investor letter. Here is what the firm has to say:

“Shares of The Coca-Cola Company (NYSE:KO) sold off with consumer staples even as the company reported strong pricing for the second quarter. On average, product prices rose with management hinting at further momentum.”

7. The Clorox Company (NYSE:CLX)

Dividend Yield as of December 7: 3.18%

The Clorox Company (NYSE:CLX) is an American multinational manufacturer and marketer of consumer and professional goods, based in California. The company mainly specializes in cleaning and bleach products. Deutsche Bank raised its price target on the stock to $151 in December and maintained a Hold rating on the shares, acknowledging the company’s performance in the current economic period.

In the first nine months of the year, The Clorox Company (NYSE:CLX) reported an operating cash flow of $178 million, jumping from $41 million during the same period last year. The company had $278 million in cash and cash equivalents at the end of fiscal Q1 2023, compared with $183 million in the previous quarter.

The Clorox Company (NYSE:CLX) has paid dividends to shareholders for 50 years in a row and has raised its dividends consistently for the past 20 years. The company currently pays a quarterly dividend of $1.18 per share and has a dividend yield of 3.18%, as of December 7.

At the end of September 2022, 27 hedge funds tracked by Insider Monkey owned stakes in The Clorox Company (NYSE:CLX), compared with 31 in the previous quarter. These stakes hold a consolidated value of over $493.8 million. Ken Griffin and Jim Simons were some of the company’s major stakeholders in Q3.

6. Chevron Corporation (NYSE:CVX)

Dividend Yield as of December 7: 3.31%

Chevron Corporation (NYSE:CVX) manufactures a wide range of high-quality refined products, including gasoline, diesel, and fuel oil additives. The company is one of the best dividend stocks on our list as it has raised its dividends consistently for the past 25 years. It currently pays a quarterly dividend of $1.42 per share and has a dividend yield of 3.31%, as recorded on December 7.

Chevron Corporation (NYSE:CVX) reported a strong cash generation in Q3 2022. The company’s operating cash flow for the quarter came in at $15.3 billion and its free cash flow stood at $12.3 billion. It paid $2.7 billion to shareholders in dividends, up 6% from the same period last year.

The number of hedge funds tracked by Insider Monkey owning stakes in Chevron Corporation (NYSE:CVX) jumped to 66 in Q3 2022, from 59 in the previous quarter. These stakes have a total value of over $27 billion.

Diamond Hill Capital mentioned Chevron Corporation (NYSE:CVX) in its Q1 2022 investor letter. Here is what the firm had to say:

“Other top contributors in Q1 included multinational energy company Chevron Corp. (NYSE:CVX). The company benefited from increased energy demand as COVID-related economic restrictions eased in tandem with concerns regarding supply interruptions related to Russia’s invasion of Ukraine.”

Click to continue reading and see 5 Best Halal Dividend Stocks To Buy

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Disclosure. None. 10 Best Halal Dividend Stocks To Buy is originally published on Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

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Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

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